--- title: CodeRabbit raised $143m to read the code AI wrote description: CodeRabbit raised $143m in a Series C co-led by Atomico and Smash Capital, valuing the AI code review company at $1.5bn. The company argues that AI coding... canonical: https://daily.dev/posts/coderabbit-raised-143m-to-read-the-code-ai-wrote-vz177dnzs twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: CodeRabbit raised $143m to read the code AI wrote | daily.dev og:description: CodeRabbit raised $143m in a Series C co-led by Atomico and Smash Capital, valuing the AI code review company at $1.5bn. The company argues that AI coding... og:url: https://daily.dev/posts/coderabbit-raised-143m-to-read-the-code-ai-wrote-vz177dnzs og:image: https://api.daily.dev/og/posts/vz177DnZS.png og:image:alt: CodeRabbit raised $143m to read the code AI wrote og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # CodeRabbit raised $143m to read the code AI wrote **[The Next Web](https://daily.dev/sources/tnw)** · 6 min read · 0 upvotes · 0 comments ## Summary CodeRabbit raised $143m in a Series C co-led by Atomico and Smash Capital, valuing the AI code review company at $1.5bn. The company argues that AI coding agents now generate code faster than humans can review it, and positions its product as an independent governance layer that reviews AI-written pull requests for bugs, security flaws and maintainability issues. It runs over two million reviews a week for 17,000+ customers including Nvidia, BMW, Adyen and JFrog. Alongside the funding, CodeRabbit announced a new category called Agentic Change Management, with tools for triaging pull requests, breaking down large agent-written diffs, and scanning shipped code for security issues, plus a bold claim that traditional issue tracking like Jira is becoming obsolete. Critics note the $1.5bn valuation is roughly half the size of the entire global code review services market, which is worth about $3.04bn currently and projected to reach $4.79bn by 2032, and rivals like Qodo, Greptile and CodeAnt AI are also raising funding in the same space. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much funding did CodeRabbit raise in its Series C round and at what valuation? CodeRabbit raised $143m in a Series C round co-led by Atomico and Smash Capital, valuing the company at $1.5bn post-money. BMW i Ventures and Datadog also joined as new investors, while existing backers CRV, Scale Venture Partners, Flex Capital, Pelion Venture Partners and Nvidia returned. Total funding to date is roughly $200-231m, including a $16m Series A in 2024 and a $60m Series B the prior September. _Teams weighing AI code review tools can follow funding and product moves like this one on daily.dev._ ### How many code reviews does CodeRabbit run and who are its customers? CodeRabbit runs more than two million automated reviews per week for over 17,000 customers, including Nvidia, BMW, Adyen, Indeed, JFrog and Trivago. It also commits $10m over 12 months to keep the tool free for open-source maintainers, covering 150,000 projects. Its tool flags bugs, security flaws, and maintainability risks in code, including AI-agent-written pull requests. _Developers deciding whether to add automated review to their pipeline can track adoption signals like these on daily.dev._ ### What is CodeRabbit's Agentic Change Management product and what does it include? Agentic Change Management is a new product category CodeRabbit announced alongside its funding round, built on the claim that traditional issue tracking is dying because AI now writes code before anyone decides if it's worth having. It includes three tools: Triage, which scores incoming pull requests by value, urgency and risk and routes low-risk ones to automation; Change Stack, which groups large agent-written diffs into human-readable layers; and CodeRabbit Security, which scans already-shipped code. _Engineers rethinking their workflow around AI-generated pull requests can follow tools like this on daily.dev._ ## Similar posts on daily.dev - [CodeRabbit raised $60M and celebrated with a hilarious short film](https://daily.dev/posts/coderabbit-raised-60m-and-celebrated-with-a-hilarious-short-film-0chmlslpf) · Laravel News · 0 upvotes · 0 comments - [Orchestrating AI Code Review at scale](https://daily.dev/posts/orchestrating-ai-code-review-at-scale-re4wh2np4) · Cloudflare · 0 upvotes · 0 comments - [How CodeRabbit Actually Works](https://daily.dev/posts/how-coderabbit-actually-works-bqflbkjd8) · Medium · 0 upvotes · 0 comments --- Tags: [#ai-coding](https://daily.dev/tags/ai-coding), [#appsec](https://daily.dev/tags/appsec), [#venture-capital](https://daily.dev/tags/venture-capital) [View this post on daily.dev](https://daily.dev/posts/coderabbit-raised-143m-to-read-the-code-ai-wrote-vz177dnzs) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"CodeRabbit raised $143m to read the code AI wrote","url":"https://daily.dev/posts/coderabbit-raised-143m-to-read-the-code-ai-wrote-vz177dnzs","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/coderabbit-raised-143m-to-read-the-code-ai-wrote-vz177dnzs"},"datePublished":"2026-08-13T14:05:39.247Z","dateModified":"2026-10-15T02:14:17.012Z","description":"CodeRabbit raised $143m in a Series C co-led by Atomico and Smash Capital, valuing the AI code review company at $1.5bn. The company argues that AI coding...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/4dd3a1957392d2778fc7001c579c331e?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/4dd3a1957392d2778fc7001c579c331e?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/coderabbit-raised-143m-to-read-the-code-ai-wrote-vz177dnzs","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai-coding,appsec,venture-capital","timeRequired":"PT6M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"CodeRabbit raised $143m to read the code AI wrote"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/coderabbit-raised-143m-to-read-the-code-ai-wrote-vz177dnzs#faq","mainEntity":[{"@type":"Question","name":"How much funding did CodeRabbit raise in its Series C round and at what valuation?","acceptedAnswer":{"@type":"Answer","text":"CodeRabbit raised $143m in a Series C round co-led by Atomico and Smash Capital, valuing the company at $1.5bn post-money. BMW i Ventures and Datadog also joined as new investors, while existing backers CRV, Scale Venture Partners, Flex Capital, Pelion Venture Partners and Nvidia returned. Total funding to date is roughly $200-231m, including a $16m Series A in 2024 and a $60m Series B the prior September. Teams weighing AI code review tools can follow funding and product moves like this one on daily.dev."}},{"@type":"Question","name":"How many code reviews does CodeRabbit run and who are its customers?","acceptedAnswer":{"@type":"Answer","text":"CodeRabbit runs more than two million automated reviews per week for over 17,000 customers, including Nvidia, BMW, Adyen, Indeed, JFrog and Trivago. It also commits $10m over 12 months to keep the tool free for open-source maintainers, covering 150,000 projects. Its tool flags bugs, security flaws, and maintainability risks in code, including AI-agent-written pull requests. Developers deciding whether to add automated review to their pipeline can track adoption signals like these on daily.dev."}},{"@type":"Question","name":"What is CodeRabbit's Agentic Change Management product and what does it include?","acceptedAnswer":{"@type":"Answer","text":"Agentic Change Management is a new product category CodeRabbit announced alongside its funding round, built on the claim that traditional issue tracking is dying because AI now writes code before anyone decides if it's worth having. It includes three tools: Triage, which scores incoming pull requests by value, urgency and risk and routes low-risk ones to automation; Change Stack, which groups large agent-written diffs into human-readable layers; and CodeRabbit Security, which scans already-shipped code. Engineers rethinking their workflow around AI-generated pull requests can follow tools like this on daily.dev."}}]} ```